Life Principles Flashcards

1
Q

What is Naval’s perspective on time?

A

Time is your most valuable asset; spend it wisely on things that truly matter.

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2
Q

How does Naval view luck?

A

There are four types of luck: blind luck, luck through persistence, luck through preparation, and luck by creating opportunities.

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3
Q

Why does Naval advocate for long-term thinking?

A

Long-term thinking leads to compounding gains in wealth, relationships, and happiness.

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4
Q

How does Naval define freedom?

A

Freedom is having control over your time and doing what you want, when you want.

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5
Q

What does Naval mean by “escape competition through authenticity”?

A

Be yourself; authenticity eliminates competition because no one can compete with you at being you.

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